It’s also worth bearing in mind that expenses do pop up here and there, and you’ll need to make provision for these.
Think visa run/renewal expenses, travel insurance, replacing a broken phone or computer, etc.
If you’re retired with a tidy pension and savings account, then keeping a tight ship might not be on your agenda.
But then it does makes sense to be smart with money if you have kids or other dependents that will need a nest egg when you walk through the pearly gates.
m condo – ฿2500– Internet – 16 MB (True) – ฿799– Cleaner (per month, 3 x per week) – ฿3,000– Deodorant, Nivea roll-on, (50ml): ฿92– 1 box of 16 tampons (Laurie Slim): ฿75– Gillette Mach 3 Sensitive (4 blades) ฿459– Hair shampoo 2-in-1 (400 ml ~ 12 oz.): ฿89– Tube of toothpaste (large Colgate standard): ฿55– Nappies: 64 Pc (Mamy Poko medium) – ฿669– Toilet rolls (Scott 6 roll pack) – ฿79– Lunch for 2 (Black Canyon café): 2 coffees, 2 main meals – ฿400 Baht– 2 adult tickets to the movies – ฿360– 1 cocktail drink in downtown club – ฿250– Grande Cappuccino in Starbucks – ฿120– 1 beer in neighbourhood bar (500ml or 1pt.) ฿100 Baht– 1 month prepaid mobile tariff with 3GB (DTAC) – ฿399 vat– 1 month gym membership at True Fitness (Asoke) ฿2,099 (dependent on sales rep and promotions)– 1 package of Marlboro cigarettes – ฿90From my own expenses living in Bangkok, I’d say that presuming you enjoy an average standard of living in Europe or the US, Canada or Australia, you will need the following amount(s) to maintain that standard in Thailand:– Single male/female in Bangkok – ฿50,000– Couple in Bangkok – ฿75,000– Couple with baby under 2 years old in Bangkok – ฿80,000This includes rent, food, Internet access, gym membership and going out socializing once/twice a week.
If you’re reading this and thinking, “Man, I thought Thailand was a lot cheaper”, don’t let these numbers put you off.Please note that as with any country, supermarkets are competitive and pricing varies for different items, albeit by a few Baht.The following condo rental prices are averages based on a pool of property listings for Bangkok, and on condos within walking distance to an MRT/BTS station.– Modern 2 Bed 2 Bath Condo, 65 Sq.So I decided to gander around the shops and compile my own list based on the Bangkok cost of living.Note that if you’re thinking of living in other cities like Chiang Mai or Khon Kaen, the cost of housing is likely to be a lot lower.For example, we live within walking distance of a tube station, and have the luxury of a restaurant on site at our condo block.That said, my apartment is a few stops out of central Bangkok – mainly because I wouldn’t want to live in Sukhumvit – but the money we save allows us to take regular holidays and stay in nice hotels. I don’t drink or smoke, so I save money on buying beer and fags.But overall, Thailand still ranks as one of the cheapest places to live in SE Asia.Overall, I still find it cheaper than Laos, Malaysia and Cambodia.I have a wife and a daughter, so of course I pay things like medical insurance and life insurance to protect them and give us peace of mind.Click here to find out how much medical insurance will cost you So work out what’s important to you; what are your “must haves” and “can do withouts”.